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20121202
20121210
Search Results 0 to 3 of about 4 (some duplicates have been removed)
, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax increase than what he's been talking abo
to avoid the fiscal cliff. but republican house speaker john boehner dismisses it as, and i'm quoting, la la land. the republicans offered their proposal, that happened about 24 hours ago. the white house quickly labels it as nothing new. business as usual, right? so how do we move beyond this stalemate in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses
stimulus spending. boehner says the entire proposal represented three weeks of wasted time. >> i was just flabbergasted. i looked at him and said you can't be serious. >> reporter: the house speaker says republicans have put increased revenues, including efforts to close tax loopholes and reform the tax code, on the table instead of raising tax rates for anyone. >> the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the z
Search Results 0 to 3 of about 4 (some duplicates have been removed)